Construction works have started a few months ago at Tetro Student Village, a new student housing project located at 14402 Babcock Road, less than half a mile from the University of Texas at San Antonio (UTSA). Carter, the Atlanta-based development firm, has commenced the leasing process in a very unique way.

On November 22, 2013, the Los Angeles-based boutique commercial real estate platform Arc Capital Partners, formed by industry veterans Quincy Allen and Neville Rhone, entered into a joint venture with Cardinal Group Investments (CGI) to acquire an apartment community located in the South Congress submarket of Austin.

The company becomes the first lender to reach this milestone one year since the platform’s inception. Over the last three years, the SBL offering has produced more than 4,000 loans and funded approximately $10.5 billion.